iBankCoin
I patiently trade the fundamentals - with a technical machete.
Joined Apr 1, 2013
69 Blog Posts

Short Term Tech Buys Bamboo

I feast on bamboo tonight – the imported variety as well a salad of wild celery,  thistles and stingy nettles with a few of my Japanese buddies  – taking care of the booze.

We are extremely pleased that the short term trade system (originally created via my experience trading foreign exchange) has proven equally reliable in equities markets, and has provided us this glorious bounty.

Come morning ( pending that I am in good health and have indeed survived this evenings events) I will keep a wary eye open for “bouncing dollar bills” as well tiny “bearded men in suits”  – as they too no doubt will have been up most the night, priming their presses, and making their plans.

We shall drink! We shall get fat! We shall argue in several languages! We shall fight! We shall Celebrate!

In having knowledge of things found only in nature.

 

Gees…..and just yesterday I suggested to a valued reader that I’d do my best to be “less cryptic”.

Sorry Mistic….tonight’s not the night.

 

 

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5 comments

  1. I ordered some bananas and chocolate coated crickets. I need some of your Juju.

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  2. Things are kickin along here Super P!

    Have a good one!

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  3. Even I’m like… Damn, wtf.

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  4. I know this is asking a lot , but maybe you could give us your thoughts on FXY.
    In other words , enough babble , make a phucking call .

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  5. Ouch.

    I was taught to take the higher ground, so we’ll pretend you didn’t just type that.

    FXY is a very expensive etf that tracks the movement of JPY. Gotcha!

    No no…..seriously – If it’s the only way you are able to play it fine, personally I don’t care so much for ETF’s tracking currencies but in taking a look – it appears to track pretty damn close. So – that being said…..ya…its going down here ( as per the post ) with a move higher / bounce in risk and higher USD. (that’s all there in the babble by the way)

    Its your choice. I’f you are of the mindset that things are heading much higher ( U.S equities ) sure its sell. If you consider this “brief downturn” in FXY as exactly that – then it’s a wait and buy at lower levels.

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